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Moretonhampstead, Devon

South West

£145,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
1072 sqft

Description

This freehold property is centrally located on Ford Street in Moretonhampstead, featuring a prominent retail unit with direct street access and residential accommodation above. The ground floor offers approximately 41.2 sq m of retail space, allowing for a variety of commercial uses, while the upper level comprises around 58.4 sq m of residential living space that is accessed independently. The building is Grade II listed and situated within the conservation area, highlighting its architectural significance and potential for value appreciation following appropriate renovations. There are opportunities to enhance both the retail unit and the residential quarters, making this an appealing investment for those looking to capitalize on the vibrant town center atmosphere and local demand. Given its location within Dartmoor National Park and accessibility to major routes like Exeter and Newton Abbot, this property presents strong long-term prospects underpinned by community engagement and tourism. The property is sold freehold with vacant possession, providing flexibility for new owners to explore various options for renovation or repurposing to maximize returns.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -60.3% below area average per sq ft

-60.3%
Potential saving
This Property
£135/sq ft
Area Average
£341/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£402,166
10% above area average per sq ft
Potential ROI
+106.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TQ13)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.5%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on TQ13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Moretonhampstead, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£514
Based on a loan of £108,750 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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